NOT LISTED FOR SALE
3 Beds
2 Baths
1,612 Sq Ft
1,363 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $192,000 $119 Per Sq Ft

19 Days on Market

About This Home

As of December 2023

ATTENTION INVESTORS! This TWO UNIT property in Center City is an easy to rent as it is within walking distance to public transportation and all Center City has to offer. Property will get you a 9% CAP rate as tenants pay their own electric, gas and trash. Landlord pays water/sewer. First floor unit needs some TLC and price is reflective of that. Second floor is a very well kept unit by current tenant on longer term lease. Property is being sold "as is" and Buyer will be responsible for completing the city of Allentown CO.

Last Listed By

Kristine McCreary-Williams

Full CircleRealty&PropertyMgmt Listed on: 10/17/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1890

Lot Details

  • 1,363 Sq Ft Lot

Interior Spaces

  • 1,612 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549770817778001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $1,000
  • Manager Expense $2,020
  • Water Sewer Expense $600
  • Operating Expense $7,895
  • Gross Income $25,260
  • Net Operating Income $19,365

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,976

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 60900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1612

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 300
  • Insurance: 1000
  • Water Sewer: 600

Condo/Co-op/Association

  • Management: 2020

Fee Information

  • Operating Expense: 7895

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.031
  • Lot Sq Ft: 1363
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549770817778001
  • County Taxes: 230.20
  • Municipal Taxes: 366.60
  • Total Taxes: 1975.77

Multi Family

  • School Taxes: 1378.97
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $192,000 -1.5% $119 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $195,000 +39.3% $121 / Sq Ft
02/18/2020 02/18/20 Sold $140,000 -6.6% $87 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $149,900 -- $93 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 725377

Greater Lehigh Valley REALTORS®

APN: 549770817778-1